Meta Platforms: Social Media Powerhouse

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Meta Platforms

The Motley Fool

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Prediction: This Big Bet by Meta Platforms Will Equal Billions for Nvidia

Summary

Nutrition label

78% Informative

Meta Platforms (NASDAQ: META ) has built itself into a social media powerhouse thanks to its ownership of apps most of us use daily .

Mark Zuckerberg has been vocal about his interest in artificial intelligence ( AI ) Last week , Meta increased its AI bet and increased its use of Nvidia chips.

I predict Meta 's AI focus will equal billions of dollars for the chip giant.

Stock Advisor returns as of July 29, 2024 Randi Zuckerberg , a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg , is a member of The Motley Fool's board of directors. Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms and Nvidia . The Motley Fool has a disclosure policy. Prediction: This Big Bet by Meta Platforms Will Equal Billions for Nvidia was originally published by The Motley Fool .